Some only accept accredited investors some also accept non-accredited but sophisticated investors for their deals.

Thanks for your feedback, I hope to be in these talks in the foreseeable future.You don't have to be accredited if a) you have pre-existing relationships with a sponsor and b) that sponsor does 506(b) offering that accepts sophisticated investors. 

You can participate as an LP/investor which requires you to be either a sophisticated or accredited investor (depending on the way the deal is structured). 

If you say nothing out of pity the wet machinery of scheming in this woman's brain will be unable to grasp that and will, in her dullness, grasp for the belief that yes, she managed to get one over on you, and that, to her, is an extraordinary triumph.

Its a very sophisticated structure, so just make sure you know and understand the mechanics of it.

The underwriting isn't sophisticated, but most of the sellers are copy-cat deal makers, so most don't know any better. 

This is also why sophisticated investors only look at IRR because one has to look at an investment over the entire holding period by accounting for the magnitude and timing of cash flow. 

Echoing what @Andrew Beauchemin said, you can find out owners of buildings by looking at property tax records on your county's appraisal site. if the owner is a LLC (which is usually the case for larger multifamily), go to your state's secretary of state website and look up the business in the business records search. i'm not familiar with pennsylvania, but that's how every state I've looked at before operates. there is usually an agent of record who oftentimes is the owner, however, for a larger, more sophisticated owner, it could easily be a lawyer or someone else.if that fails, a broker is your best bet. they'll have the relationships with owners and other brokers you need. as others have said, it's hard to go off-market without a track record, but maybe by showing your current portfolio and explaining your desires, you may win someone over :)

It's not that simple math is wrong, it's just that you can open your mind up to much more possibilities, like investing in appreciating markets, once you become knowledgeable about 2 things, 1) Sophisticated Math and 2) Economics so you can read the future of the market.Personally, I don't know how any Investor doesn't want to learn enough about Economics to get a gauge on how the next 10 years in their specific Area of investing may turn out.Will it be like Detroit, which went bankrupt but you could easily have seen that if you paid attention to the 3 Big Auto Makers?

. :)Usually, the bigger the deal, the more sophisticated the operator is, and thus better records.So if you're doing more smaller deals, you may have to settle for less, but you can try and get creative during due diligence to verify your underwriting assumptions, like knocking on those same doors and getting a signed estoppel. :)James